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NFTs and Web3 take over Miami during Art Week

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NFTs and Web3 take over Miami during Art Week

Source: news.google.com

Emerging digital technologies like NFT and Web3 took center stage in Miami during this year’s Miami Art Week, which coincided with the annual Art Basel Miami art fair. At the Center for Visual Communication in Miami, a group of Argentine artists presented a new machine to scan and create NFTs (non-fungible tokens) from physical works of art. His invention, called the Sublimart Machine, creates a high-resolution digital scan of a work of art with a set of lights at different angles, before cutting it with a laser into a specific pattern that is used to demonstrate that the digital image created after the Artwork, or NFT, is based on the original unique artwork. “We hack the physical artwork with a specific cryptographic trace that shows that the physical artwork no longer exists,” says Sebastian Wain, co-founder of Sublimart. “And then we create an NFT connected to these traces, so the owner of the NFT knows that he has a unique piece of art.” The team went further to showcase the technology by providing visitors with virtual reality headsets to view the scanned artwork in a virtual gallery after it was destroyed.

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